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Rumor: RIM to Sell Handset Business

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The Sunday Times is reporting that RIM is planning to split its handset and messaging network into two separate companies, then sell off the ill-fated BlackBerry hardware business.

As part of the move, the newspaper suggests that RIM would keep its messaging and data networks—including BBM, BIS, and BES—in-house, and then license them out to third parties. That’s a theory that’s been floated before, but never come to fruition.

https://gizmodo.com/is-blackberry-messenger-dead-in-the-water-5912915

The news comes on the back of a strategic review carried out by RIM in conjunction with RBC and JP Morgan. Though The Sunday Times does not explicitly cite any sources in its report, it does suggest that Facebook or Amazon may both prove to be “potential buyers” of the hardware wing.

It’s really the latest in a long line of attempts to fix the company’s ailing fortunes. The Sunday TImes explains that RIM’s final course of action will be revealed sometime this summer. [Sunday Times via Reuters via The Verge]

https://gizmodo.com/rim-in-crisis-as-a-billion-dollars-of-blackberries-and-5914062

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